Bookbyte Blog

Posts tagged ‘scholarships’

The amount of money parents contribute to their kids’ college education is dropping. Or, more accurately, it’s struggling to keep up. As recently as 2010, parents paid for 37% of the total money spent on college education around the country from their own income. Three years later, that amount has dropped 10%, with grants and scholarships now taking over a greater percentage of the heavy lifting.

How college was paid for in the 2012-2013 academic year. Source: Sallie Mae